In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of C3.ai Inc (NYSE: AI) closed at $25.95 in the last session, down -1.52% from day before closing price of $26.35. In other words, the price has decreased by -$1.52 from its previous closing price. On the day, 2.19 million shares were traded. AI stock price reached its highest trading level at $27.15 during the session, while it also had its lowest trading level at $25.905.
Ratios:
We take a closer look at AI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.86 and its Current Ratio is at 7.86. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
On November 21, 2023, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $40.
On July 25, 2023, Northland Capital started tracking the stock assigning a Market Perform rating and target price of $40.Northland Capital initiated its Market Perform rating on July 25, 2023, with a $40 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 27 ’24 when Lath Hitesh sold 3,005 shares for $27.56 per share. The transaction valued at 82,818 led to the insider holds 7,390 shares of the business.
Parkkinen Juho sold 407 shares of AI for $11,722 on Dec 26 ’23. The SVP & Chief Financial Officer now owns 295,815 shares after completing the transaction at $28.80 per share. On Dec 18 ’23, another insider, Parkkinen Juho, who serves as the SVP & Chief Financial Officer of the company, sold 5,513 shares for $30.56 each. As a result, the insider received 168,477 and left with 296,907 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AI now has a Market Capitalization of 3347316480 and an Enterprise Value of 2539086592. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.13 while its Price-to-Book (P/B) ratio in mrq is 3.77. Its current Enterprise Value per Revenue stands at 7.802 whereas that against EBITDA is -8.315.
Stock Price History:
Over the past 52 weeks, AI has reached a high of $38.30, while it has fallen to a 52-week low of $18.85. The 50-Day Moving Average of the stock is 7.54%, while the 200-Day Moving Average is calculated to be -0.92%.
Shares Statistics:
According to the various share statistics, AI traded on average about 3.67M shares per day over the past 3-months and 2090620 shares per day over the past 10 days. A total of 120.21M shares are outstanding, with a floating share count of 110.22M. Insiders hold about 13.24% of the company’s shares, while institutions hold 43.76% stake in the company. Shares short for AI as of 1728950400 were 24556701 with a Short Ratio of 6.69, compared to 1726185600 on 25502995. Therefore, it implies a Short% of Shares Outstanding of 24556701 and a Short% of Float of 24.86.
